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to your paycheck next year if tax cuts are not extended. stephen moore, senior economic writer for the wall street journal, good morning to stkpwhraou by hill. -- hi bill. >> bill: if you make $50,000 a year, your taxes will go up $2900, starting when, the third week in january? >> january 1, 20 # one. as soon as that clock hits midnight, the new year brings those tax increases. >> if you're making $100,000 a year, your taxes go up $4500. >> yes. by the way, bill, let me just say one thing about this, it depends on how many kids you have, because remember there was a child credit in the 2001 and 2003 tax bill, so this is -- i think those examples you're using are for a family of four with two kids. bill: clarification, it is a family of four, based on our research and our brain room. the president has said he signed eight pieces of legislation already that provide small business tax cuts, and your tax haven't gone up in this administration, your taxes have gone down. is he right? >> well, he's partly right. it's true that he has signed a lot of legislation that's supposed to he
with just a two-point lead. that's where we start with the panel tonight. bring in the panel. stephen hayes, senior writer for "weekly standard." henderson from the washington post. syndicated columnist, charles krauthammer. start with the governor's race in california. steve? >> i thought meg whitman answered the charges pretty decisively and offered to put it back, in fact i think the campaign put out the documents so they have the copy of the 1099. gloria allred didn't introduce much. she had promises and said she could produce evidence and never did it. nicky diaz, the poor woman in question who was here illegally left the press conference for a little while because she was uncomfortable and came back and broke down crying, but didn't seem like she was on the same pages gloria allred. we will find out in the coming days when we see the document or paperwork but it smells like a political stunt. >> it's hard to see how this shakes things up. close race, two point on dividing these folks. you look at the press conference and you wonder why the woman was crying. it looked theatrical and st
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